Kuaishou Technology (HKG:1024) Just Reported And Analysts Have Been Lifting Their Price Targets
It’s been a good week for Kuaishou Technology (HKG:1024) shareholders, because the company has just released its latest second-quarter results, and the shares gained 6.9% to HK$78.75. Kuaishou Technology reported CN¥35b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of CN¥1.13 beat expectations, being 4.2% higher than what the analysts expected. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we’ve aggregated the latest statutory forecasts to see whether the analysts have…
